PROP TAX-PTELL-NEW PROPERTY House SponsorsRep. Robert S. Molaro-Eileen Lyons-Julie Hamos Senate Sponsors(Sen. Christine Radogno-Louis S. Viverito) 1/11/2005HouseSession Sine Die 35 ILCS 200/18-185 Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, in addition to its other meanings, "new property" means, in counties that classify in accordance with Section 4 of Article IX of the Illinois Constitution, an incentive property's additional assessed value resulting from a scheduled increase in the level of assessment as applied to the first year final board of review market value. Effective immediately.Fiscal Note (Department of Revenue) House Bill 2648 will have no fiscal impact on the Department of Revenue or the State of Illinois. 2/21/2003HouseFiled with the Clerk by Rep. Robert S. Molaro 2/21/2003HouseFirst Reading 2/21/2003HouseReferred to Rules Committee 2/26/2003HouseAssigned to Revenue Committee 3/13/2003HouseDo Pass / Short Debate Revenue Committee; 009-000-000 3/13/2003HousePlaced on Calendar 2nd Reading - Short Debate 3/20/2003HouseSecond Reading - Short Debate 3/20/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/21/2003HouseAdded Chief Co-Sponsor Rep. Eileen Lyons 3/21/2003HouseAdded Chief Co-Sponsor Rep. Julie Hamos 3/21/2003HouseThird Reading - Short Debate - Passed 093-020-002 3/24/2003SenateArrive in Senate 3/24/2003SenatePlaced on Calendar Order of First Reading March 25, 2003 3/25/2003SenateChief Senate Sponsor Sen. Christine Radogno 3/26/2003SenateFirst Reading 3/26/2003SenateReferred to Rules 3/26/2003SenateAdded as Alternate Chief Co-Sponsor Sen. Louis S. Viverito 4/29/2003SenateFiscal Note Filed from the Illinois Department of Revenue 1/11/2005HouseSession Sine Die